JTL Industries Balance Sheet Health
Financial Health criteria checks 5/6
JTL Industries has a total shareholder equity of ₹7.7B and total debt of ₹200.1M, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are ₹8.4B and ₹687.3M respectively. JTL Industries's EBIT is ₹1.5B making its interest coverage ratio 29.4. It has cash and short-term investments of ₹1.1B.
Key information
2.6%
Debt to equity ratio
₹200.05m
Debt
| Interest coverage ratio | 29.4x |
| Cash | ₹1.06b |
| Equity | ₹7.75b |
| Total liabilities | ₹687.33m |
| Total assets | ₹8.43b |
Recent financial health updates
No updates
Recent updates
Investors Interested In JTL Industries Limited's (NSE:JTLIND) Earnings
Aug 27
We Think You Should Be Aware Of Some Concerning Factors In JTL Industries' (NSE:JTLIND) Earnings
May 21JTL Industries Limited's (NSE:JTLIND) Shares Leap 25% Yet They're Still Not Telling The Full Story
Apr 30Investors Give JTL Industries Limited (NSE:JTLIND) Shares A 27% Hiding
Mar 12Shareholders In JTL Industries (NSE:JTLIND) Should Look Beyond Earnings For The Full Story
May 04The Trend Of High Returns At JTL Industries (NSE:JTLIND) Has Us Very Interested
Apr 27Do JTL Industries' (NSE:JTLIND) Earnings Warrant Your Attention?
Apr 05Financial Position Analysis
Short Term Liabilities: JTLIND's short term assets (₹6.6B) exceed its short term liabilities (₹647.7M).
Long Term Liabilities: JTLIND's short term assets (₹6.6B) exceed its long term liabilities (₹39.6M).
Debt to Equity History and Analysis
Debt Level: JTLIND has more cash than its total debt.
Reducing Debt: JTLIND's debt to equity ratio has reduced from 79.6% to 2.6% over the past 5 years.
Debt Coverage: JTLIND's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: JTLIND's interest payments on its debt are well covered by EBIT (29.4x coverage).